At a Glance
- Tasks: Lead the launch of a new asset management division and drive business growth.
- Company: Best Star Real Estate, a dynamic player in London's property market.
- Benefits: Competitive salary, entrepreneurial environment, and opportunity for significant impact.
- Other info: Join a team focused on innovation and excellence in the property sector.
- Why this job: Be part of an exciting new venture with strong backing and growth potential.
- Qualifications: 10+ years in real estate asset management and proven client relationship skills.
The predicted salary is between 50000 - 65000 £ per year.
Location: Mayfair, London
Reports to: Founder / Managing Director
Company Description
Best Star Real Estate focuses on value-add and opportunistic investment strategies within central London and the wider United Kingdom. Our expertise lies in identifying, acquiring, and managing high-potential commercial and residential properties. We are dedicated to delivering strategic asset management solutions that drive value creation and exceptional returns. With a dynamic approach to real estate investments, we seek professionals who are passionate and committed to innovation and excellence in the property market.
Role Overview
This role is responsible for establishing and scaling a new third-party asset management platform within an existing real-estate investment and development business with the support of the founders and existing team. The Director will act as a self-starting business builder, combining origination, client relationship management, and hands-on asset management execution to create a profitable new subsidiary. This is an opportunity for an entrepreneurial individual who wants to be part of a new subsidiary business with backing from an established investment and development business in Central London.
The mandate includes:
- Winning external mandates
- Building a team and operational infrastructure
Core Objectives (First 24–36 Months)
- Launch a fully operational asset management division
- Secure £100m–£500m+ of third-party assets under management
- Build a scalable platform (people, systems, processes)
Key Responsibilities
- Business Development & Origination (Critical)
- Source and win third-party asset management mandates
- Leverage existing relationships with Institutions, PE funds, UHNW Investors
- Lead pitch processes, proposals, and fee structuring
- Build long-term client relationships and repeat business
- Design and implement the asset management business plan
- Establish operating model, reporting standards, and governance
- Work with senior leadership to structure the new subsidiary
- Asset Management Execution
- Oversee asset-level business plans and performance
- Drive NOI growth, leasing strategy, and value creation initiatives
- Lead capex, repositioning, and development interface with internal teams
- Execute hold/sell strategies and disposals
- Set pricing strategy for asset management fees (base + performance)
- Build and manage P&L for the new division
- Oversee underwriting, valuations, and financial modelling
Candidate Profile
- 10+ years in real estate asset management/investment
- Proven track record of winning and managing third-party mandates
- Experience within institutional advisory firms
- Demonstrated ability to operate entrepreneurially
Academic/Professional Qualifications
- BSc/MSc in Economics, Finance, Real Estate, Surveying, Engineering
- MRICS qualification via Royal Institution of Chartered Surveyors
- CPA, ACA, CFA
- Origination mindset (not just asset management execution)
- Commercial and entrepreneurial thinking
- Ability to operate with ambiguity and limited initial infrastructure
- Strong negotiation and client-facing skills
- Leadership and team-building capability
- Strategic thinking with hands-on delivery
Success Metrics
- Assets under management (AUM) growth
- Third-party revenue generation
- Profitability of the new division
- Client retention and repeat mandates
Director of Asset Management (Commercial and Living) in London employer: Best Star Real Estate Limited
Best Star Real Estate is an exceptional employer located in the heart of Mayfair, London, offering a dynamic work culture that fosters innovation and excellence in the property market. With a strong focus on employee growth, we provide unique opportunities for professionals to build and scale a new asset management division, backed by an established investment and development business. Our commitment to strategic asset management solutions ensures that our team members are not only part of a rewarding journey but also contribute significantly to value creation and exceptional returns.
Contact Details:
Best Star Real Estate Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Director of Asset Management (Commercial and Living) in London
✨Get Involved in Local Property Events
Dive into local property expos and networking events! Real estate thrives on connections, so attending these events helps us meet potential employers and industry leaders, plus it's a chance to show off your enthusiasm for the field.
✨Connect with Local Agents on Social Media
Follow and engage with local real estate agents and firms on platforms like Instagram and LinkedIn. Sharing their posts and commenting with your insights can put you on their radar and might even lead to job opportunities at companies like Best Star Real Estate Limited.
✨Don’t Underestimate the Power of Cold Outreach
Got your eye on a specific company like Best Star Real Estate Limited? Don't hesitate to send a direct message or an email expressing your interest. Personalise your approach, maybe mentioning a recent listing or project of theirs, and it could set you apart from other candidates.
✨Utilise Property Management Platforms
Check out property management platforms and job boards tailored for the real estate sector. They often have exclusive listings, especially for full-time roles. Don't forget to visit Best Star Real Estate Limited's careers page directly; we love seeing passionate candidates applying through our website!
We think you need these skills to ace Director of Asset Management (Commercial and Living) in London
Some tips for your application 🫡
Show Your Real-Estate Savvy:When crafting your CV and cover letter, make sure to highlight any relevant experience in the real estate sector. If you've done internships, assistant roles, or even relevant coursework, lay it out clearly. We want to see your familiarity with market trends, property management, or any sales experience you've got under your belt!
Quantify Your Achievements:In real estate, numbers speak volumes! When detailing your past roles, use concrete figures to demonstrate your achievements. For example, mention how many properties you sold, the percentage increase in client satisfaction, or any successful negotiations. These metrics can give your application that extra punch it needs!
Tailor Your Documents for the Job:Every application should feel personal. When applying for the Director of Asset Management (Commercial and Living) role at Best Star Real Estate Limited, tweak your CV to focus on aspects that are important to them. If they value client relationships, emphasise your interpersonal skills. We want to see you aligning your experiences with what they're looking for!
Keep It Professional Yet Approachable:While we want you to show off your expertise, don't forget to let your personality shine through in your cover letter. A touch of friendliness can set you apart, especially in real estate where client interaction is key. Show that you're ready not just to work with the property but also with people!
How to prepare for a job interview at Best Star Real Estate Limited
✨Know Your Market Trends
In real estate, it’s all about staying ahead of the curve. Make sure we brush up on the latest market trends in the area where Best Star Real Estate Limited operates. Being able to discuss local property values, demand, and upcoming developments will show that we’re not just interested in the job, but genuinely invested in the industry.
✨Prepare for Scenario Questions
Expect some scenario-based questions during the interview. We might get asked how we’d handle different client situations or property evaluations. Preparing our responses for common real estate scenarios not only demonstrates our problem-solving skills but also shows that we can think on our feet in a client-facing role.
✨Showcase Your Connections
In full-time real estate, networking is key! Let’s think about our connections in the industry and what we can bring to Best Star Real Estate Limited. Whether it’s insights on prospective clients or relationships with local contractors, talking about these experiences can set us apart from other candidates.
✨Demonstrate Technical Savvy
Familiarity with different real estate software tools is a big plus. We should be ready to discuss any platforms we've used, whether it's for property management, CRM, or data analysis. Being comfortable with technology not only makes us more efficient, but also shows that we’re adaptable to the tools used at Best Star Real Estate Limited.
